On May 9, Food Lion will host three grand openings in the greater Norfolk, Virginia, market. The celebrations mark the completed purchase of the stores from Supervalu earlier this year. The locations are: 1615 General Booth Blvd., Virginia Beach, Va. 23454 608 Mercury Blvd., Hampton, Va. 23663 683 S. Hughes Blvd., Elizabeth City, N.C. 27909 The stores will […]
Tag: Supervalu
Posted inRecommended Reading, Amazon Fresh, Corporate Store News, Home Page Latest News, Midwest, Shelby Content, Store News, Whole Foods
Recommended: Supervalu Is Working With Adviser On Possible Sale
Retailer Supervalu Inc. is working with an adviser to consider options including a potential sale, according to people familiar with the matter. Supervalu is mainly a grocery wholesaler, providing products to more than 1,800 stores. The company also operates almost 200 locations after selling most of its brick-and-mortar operations in recent years. Its private label […]
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Blackwells Capital Nominates Six For Supervalu Board Of Directors
Blackwells Capital LLC, an alternative investment management firm with ownership representing an approximately 4.9 percent interest in Supervalu Inc., has nominated six independent candidates for election to Supervalu’s board of directors at the upcoming 2018 Annual Meeting of Shareholders. On March 20, Blackwells submitted a broad slate of independent nominees “given the significant destruction of […]
Posted inEquipment & Technology, Executive News, Home Page Latest News, Industry News, Online Grocery Technology, Southwest
Former Supervalu President And COO Joins Logile’s Advisory Board
Mike Jackson, former President and COO of Supervalu, has joined Logile as an advisory board member. According to the company, Jackson’s leadership and executive guidance will help support its “transformation from a workforce and execution management provider of software and consulting services to become an even more significant player with an even larger industry footprint […]
Posted inOnline Grocery Technology, Corporate Store News, Equipment & Technology, Home Page Latest News, Industry News, National, Store News, Wholesaler/Distributor News
Supervalu, Instacart Expand Partnership, Launch New E-Commerce Sites
Grocery wholesaler and retailer Supervalu Inc. has entered into an exclusive multiyear contract with on-demand delivery service Instacart. Under the agreement, Supervalu recently launched refreshed e-commerce sites “Powered by Instacart” for four of its retail banners across the nation: Cub, Farm Fresh Food and Pharmacy, Shop ‘n Save, and Shoppers Food and Pharmacy. Supervalu and […]
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Supervalu Completes Acquisition Of Associated Grocers Of Florida
Supervalu Inc. has completed the previously announced acquisition of Associated Grocers of Florida Inc. in a transaction valued at approximately $193 million. According to Supervalu, AG of Florida adds a dynamic grocery wholesaler to its growing national distribution network, with annual sales of approximately $650 million in its last fiscal year as estimated under Supervalu’s […]
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Supervalu To Acquire Associated Grocers Of Florida
Supervalu Inc. and Associated Grocers of Florida Inc. have entered into a definitive merger agreement for Supervalu to acquire Associated Grocers in a transaction valued at approximately $180 million. This transaction provides Supervalu with the ability to expand its operations into a new part of Florida as well as provides new opportunities to bring Supervalu’s products and services to Associated Grocers’ customer base in South Florida, […]
Posted inWoman Executive of the Year, Amazon Fresh, Home Page Latest News, Midwest, Shelby Content, Shelby Honorees, Shelby Signature Content, Whole Foods, Wholesaler/Distributor News, Women In The News
Tandy Harvey Is Shelby’s Midwest Woman Executive Of The Year
Providence Brought Tandy Harvey to Supervalu by Terrie Ellerbee/editor-Midwest Tandy S. Harvey will tell you she loves Supervalu, a company she has spent more than three decades serving. Her first job was a part-time summer gig in a warehouse in Champaign, Illinois, in the mid-1980s. She was in college earning a mechanical engineering technology degree […]
Posted inWest, Executive News, Home Page Latest News, Shelby Content, Shelby Signature Content, Wholesaler/Distributor News
Q&A With Supervalu’s New West Region Wholesale President Leon Bergmann
Leon Bergmann has been named president of West Region Wholesale for Supervalu, effective immediately. “Leon’s experience at both Unified (Grocers) and Supervalu will allow him to hit the ground running as we incorporate customers from the western United States into the larger Supervalu family of retailers. I’m thrilled he has accepted this opportunity to be […]
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Grocery Industry ‘Visionary’ Ben Schwartz Celebrates 100th Birthday
Ben Schwartz, a nationally recognized leader of the retail grocery industry and former board chairman of Certified Grocers of California Ltd., celebrated his 100th birthday on July 8 with family and friends on the Entertainer yacht in Marina del Ray. Certified Grocers is a predecessor company of Unified Grocers, which was recently acquired by Supervalu. […]
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Unified Blames Bulk Of Poor Financials On Pending Supervalu Merger
Wholesale grocery distributor Unified Grocers experienced a difficult quarter financially, reflected in the Commerce, California-based company results for its fiscal 2017 second quarter ended April 1. It blames most of its losses on “substantial transaction costs and other expenses associated with preparations for the execution of a definitive merger agreement with Supervalu,” which was announced in […]
Posted inStore News, Home Page Latest News, Independent Store News, Meat/Seafood/Poultry, National, Wholesaler/Distributor News
Supervalu Reveals ‘Beef Stampede’ Winners, Karns Quality Foods Takes Grand Prize
Karns Quality Foods in Harrisburg, Pennsylvania, took top honors in Supervalu’s 2016 national “Beef Stampede” contest. The annual merchandising contest is a month-long program held each fall to showcase beef as a dinner plate staple. More than 120 grocery retailers nationwide served by Supervalu’s independent wholesale distribution business participated in the contest. “Supervalu applauds all of […]
Posted inCorporate Store News, Home Page Latest News, Industry News, National, Wholesaler/Distributor News
Supervalu Reports Wholesale Gains, ID Store Sales Take Hit
Supervalu on Tuesday reported fourth quarter and full year fiscal 2017 results, achieving gains in its Wholesale segment but taking a hit on same-store sales in its Retail organization. “We finished fiscal 2017 with momentum in our Wholesale business and an improved balance sheet resulting from the sale of Save-A-Lot,” said President and CEO Mark […]
Posted inIndependent Store News, Home Page Latest News, Industry News, National, Wholesaler/Distributor News
Supervalu 2017 National Expo Plans Announced
Supervalu has unveiled plans for its fourth annual National Expo, which will be held July 25-27 at the RiverCentre in St. Paul, Minnesota. The event will feature a day of educational seminars and workshops tailored to help independent grocery retailers serve their customers better, as well as access to more than 300 vendors across nearly […]